• U.S. budget deficit narrowed to $53 billion in March

Market news

14 April 2015

U.S. budget deficit narrowed to $53 billion in March

The U.S. Treasury Department released its federal budget figure on Monday. The U.S. budget deficit narrowed to $53 billion in March from $192.0 billion in February, missing expectations for a decrease to $43.2 billion.

The U.S. budget deficit rose by 6% year-on year to $439.47 billion he first half of the fiscal year. The fiscal year begins on October 1.

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